POOR INVESTMENT LEAVES NIGERIA’S 65 BILLION BARRELS OF OIL UNEXPLORED – TOTAL BOSS

More than 65 billion barrels of oil in the new frontier basins have been left unexplored due to uncertainty in the Nigerian oil and gas investment environment, said the managing director of Total Upstream Companies in Nigeria, Elizabeth Proust.

Proust disclosed this at the opening ceremony of the 32nd annual International Conference of the Nigerian Association of Petroleum Explorationists (NAPE) in Lagos, yesterday.

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